FOS initiates buyback; Ad Botte appointed as company's new CFO

Fos SpA is an Italy-based technology company offering services of system integration and software development, applicative and infrastructural outsourcing, research activities, development and prototyping of technological solutions, services for the telecommunications. It operates through three segments: Information and Communication Technology (ICT), Telecommunication (TLC) and Engineering. ICT specializes in design and development of customizable solutions. TLC provides maintenance services to telecommunication providers. Engineering includes engineering, Internet of things (IoT) labs networks and technological transfer and focuses on development, prototyping, testing and design of solutions for different applications in the agricultural, environment, health, energy and industry. The Company operates in a transversal way throughout different markets and is active both locally and internationally.